The Abadesa (No 2)

Subject Matter

ADMIRALTY — Interest — Rate of — Principles of assessment

[1968] P 656; [1968] 3 WLR 492; [1968] 1 Lloyd's Rep 493; [1968] 2 All ER 726, PDA

ADMIRALTY — Limitation — Interest on limitation fund — Whether interest rate should be raised from 4 per cent

[1968] P 656; [1968] 3 WLR 492; [1968] 1 Lloyd's Rep 493; [1968] 2 All ER 726, PDA

CONTRACT — Limitation of liability — Conversion rate — Sterling equivalent to 1000 gold francs — Devaluation of sterling between collision and limitation order — Whether sterling equivalent at date of (i) collision, (ii) issue of writ or (iii) judgment, should apply — Merchant Shipping Act, 1894, s 503 (as amended by Merchant Shipping (Liability of Shipowners and Others) Act, 1958) — Merchant Shipping (Limitation of Liability) (Sterling Equivalents) Order, 1967 — Brussels Convention, 1957

[1968] P 656; [1968] 3 WLR 492; [1968] 1 Lloyd's Rep 493; [1968] 2 All ER 726, PDA

SHIPPING — Limitation of liability — Currency — Sterling equivalent of gold francs — Conversion factor changed between date of accident and date of assessment of limit — Rate of interest — Merchant Shipping (Limitation of Liability) (Sterling Equivalents) Order, 1958 — Merchant Shipping (Limitation of Liability) (Sterling Equivalents) Order, 1967

[1968] P 656; [1968] 3 WLR 492; [1968] 1 Lloyd's Rep 493; [1968] 2 All ER 726, PDA

STATUTORY INSTRUMENT — Retrospective — Legislative or procedural — Merchant Shipping (Limitation of Liability) (Sterling Equivalents) Order, 1958 — Merchant Shipping (Limitation of Liability) (Sterling Equivalents) Order, 1967

[1968] P 656; [1968] 3 WLR 492; [1968] 1 Lloyd's Rep 493; [1968] 2 All ER 726, PDA